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River Region Cooperative returns $3.8 million to patrons

January 6, 2014
The Journal

River Region Cooperative of Sleepy Eye & Essig has returned a record amount of cash and equity to patrons based off July 31, 2013 year-end financial results. Total cumulative payouts in December were $2.48 million in cash and $1.35 million in equity. The breakdown of the cash and equity payouts is:

Estates(Cash)$ 160,000

Age redemptions(Cash)$ 78,000

FEC 1991-1995(Cash)$ 1,125,000

COO 1991-1995(Cash)$ 220,000

Current Cash Dividend$ 900,000

Current Equity Dividend$ 1,350,000

Total $ 3,833,000

 
 

 

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